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Jan 25, 2013
01/13
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. >> you're paying 8 or 9% in sales tax and now this. in some states, this is illegal. >> yeah. okay. here are the lucky people in california, colorado, connecticut, florida, kansas, maine, massachusetts, new york, oklahoma and texas. listen, this is a big deal and i think people are going to struggle with this thing and they're not going to be happy about it and consider, these fees were really already built into the price of stuff, so you're really paying it twice. what they should do is give us a discount in cash. >> shepard: they should. >> but they're not going to do that. no. >> shepard: thank you. a real shock shock today. shares of apple fell far from the tree and rotted in the orchard. the tech giant price per share off 12% today alone. off 36% from the high. quarterly earnings came out today, they were up but not as much as analysts expected. slowing growth, it shows. after five blockbuster years. senator john kerry did ad libbing and fought back some tears during his confirmation hearing. in his opening statement, he added a mention of his trip to vietnam with senator
. >> you're paying 8 or 9% in sales tax and now this. in some states, this is illegal. >> yeah. okay. here are the lucky people in california, colorado, connecticut, florida, kansas, maine, massachusetts, new york, oklahoma and texas. listen, this is a big deal and i think people are going to struggle with this thing and they're not going to be happy about it and consider, these fees were really already built into the price of stuff, so you're really paying it twice. what they...
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Jan 25, 2013
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. >> bret: the people in charm of taking your tax dollars and sending them overseas may not have been playing by the rules. tonight, catherine herridge with startling allegation of corruption and coverup at the top federal agency. >> at the heart of the investigation, according to documents obtained by fox news, allegations of contract at the senior level of u.s. a.i.d. the government agency that distributes foreign aid. the larger issue is whether the allegation surrounding the $150,000 contract speak to a largeer culture of corruption. >> we have to root out waste, fraud and abuse. you have to have integrity in the process. this doesn't look right or smell right. they fixed a constructer the candid tate that best med the requirement was the outgoing financial officer. in a statement to fox, he said the client did not violate a law. adding that justice department reviewed the matter and declineed to initiate a criminal investigation. justice department spokesperson said they cannot confirm or deny existence of any investigation. >> others said how they have the example for clean gove
. >> bret: the people in charm of taking your tax dollars and sending them overseas may not have been playing by the rules. tonight, catherine herridge with startling allegation of corruption and coverup at the top federal agency. >> at the heart of the investigation, according to documents obtained by fox news, allegations of contract at the senior level of u.s. a.i.d. the government agency that distributes foreign aid. the larger issue is whether the allegation surrounding the...
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Jan 25, 2013
01/13
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john: john: what about taxes? >> we should just do away with taxes altogether and. john: we hear this but it's not gone. people like federal rules. >> one of the things that we know is that states without an income tax be so much better economically. we have a higher rate of entrepreneurship, they have higher job growth, higher personal income growth. in states where we are seeing this, where they have experimented with it, they are doing better. last week for new governors said they will make a push to eliminate their state income tax and i think we will see a lot more states compete against each other to attract businesses and economic development in a way. john: thank you, starlee rhoades and mark meckler. coming up on obama part two. the fight over immigration and illegal immigration in the president's own words or he will do words come back to haunt him? >> our federal debt has increased from 3.5 trillion to $8.6 trillion. and yes, i said trillion dollars . ♪ [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cl
john: john: what about taxes? >> we should just do away with taxes altogether and. john: we hear this but it's not gone. people like federal rules. >> one of the things that we know is that states without an income tax be so much better economically. we have a higher rate of entrepreneurship, they have higher job growth, higher personal income growth. in states where we are seeing this, where they have experimented with it, they are doing better. last week for new governors said...
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Jan 25, 2013
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fica tax, social security, and then we have local tax and then we have sales tax and property tax. >> and many of those you don't add on top of each other, but the point is that's on the millionth not the first 300, 400,000. >> sean: i bow down and thank almighty government. >> nobody's paying more than 30-some percent of their income. >> sean: i'm paying 60 cents of every dolly make. >> of your millions of dollars. >> sean: excuse me, you don't know how much i'm making. >> i know what the tax rates are. >> sean: what-- >> but i have a bone to pick with you, sean. we made a bet on the election. >> sean: oh, boy. >> that you were going to take me to dinner if the president won, well, we had the inauguration, he won, sean and my friend mario in chicago, he watched your show, he told me you would never take a democrat to dinner. >> sean: i will so. >> he said it would never happen. i told awe month ago. >> i paid off. >> and spending will not solve your obligation, more spending is not the answer, redistributing wealth. >> that's why i have come to prove what-- that you would have dinne
fica tax, social security, and then we have local tax and then we have sales tax and property tax. >> and many of those you don't add on top of each other, but the point is that's on the millionth not the first 300, 400,000. >> sean: i bow down and thank almighty government. >> nobody's paying more than 30-some percent of their income. >> sean: i'm paying 60 cents of every dolly make. >> of your millions of dollars. >> sean: excuse me, you don't know how much...
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Jan 25, 2013
01/13
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the president did something very clear when he wanted to raise tax breaks or get rid of tax breaks for the wealthy in that he forced the republicans to fight for the wealthy and the average american said we no longer understand them. if we're going to really change and do better on election day and particularly get the white house back, we better get average americans to think we're fighting for them every day not just a small group of americans. >> bobby jindal offered a few details on how to, quote, stop being the stupid party. he did also say this. >> today's conservatism is completely wrapped up in solving the hideous mess that is the federal budget. the deficits, the mammoth federal death and the shortfall on our entitlement programs. we have an obsession with government book gaming. it's a rigged game and the wrong game for us to play. no, the republican party does not need to change our principles but we might need to change just about everything else we are doing. >> listening to bobby jindal and listening to what john just had to say is this largely a messaging problem? >> no,
the president did something very clear when he wanted to raise tax breaks or get rid of tax breaks for the wealthy in that he forced the republicans to fight for the wealthy and the average american said we no longer understand them. if we're going to really change and do better on election day and particularly get the white house back, we better get average americans to think we're fighting for them every day not just a small group of americans. >> bobby jindal offered a few details on...
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Jan 25, 2013
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the president stood up for tax fairness, and people voted for him. he's standing up to protect social security and medicare. people want to do that. there will be some changes but not fundamental ones. on climate change 80% of the people in the ap poll agree with the president it's a real problem and we have to deal with it. the majority of the country is with him on gay marriage, with him on issues like inaugural reform. barack obama didn't just speak to america, he was speaking for america, no matter how much that pains republicans to hear. they're out of step and out of the mainstream. >> is it a deliberate effort -- here is conservative rich lowry from "the national review." he writes in politico that the real president obama is now revealing himself. by the way, i'm with that thought. i think it was the real obama, not covered up politics, the real thing on monday. he wrote, obama settled once and for all the debate over his place on the political spectrum and his political designs. he's an unabashed liberal determined to shift our politics and
the president stood up for tax fairness, and people voted for him. he's standing up to protect social security and medicare. people want to do that. there will be some changes but not fundamental ones. on climate change 80% of the people in the ap poll agree with the president it's a real problem and we have to deal with it. the majority of the country is with him on gay marriage, with him on issues like inaugural reform. barack obama didn't just speak to america, he was speaking for america,...
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Jan 25, 2013
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tax man? >> don't put it all on steve. >> i don't mind lowering your taxes as long as you're willing to have me lower your benefits because the numbers -- ultimately the math has to add up. joe, you are the great deficit hawk of all time. >> i am. >> you believe we should not be incurring this debt, so we've got to do something. >> right. >> what is that something? we have an aging society with a large commitment to social welfare programs that the public does not want to see materially reduced. you may want to, but the polls say the public does not want to see them materially reduced. >> by the way -- >> where is all this money going to come from? >> it's not about what i don't want or want. this is basic arithmetic. the deficit, the debt that is incurred by medicare and medicaid in the out years, it just can't be made up, even in a small part by increasing taxes on the margins anymore. i mean, you could take the tax rate up to 95%, perhaps. >> well, you don't have to go that high. the math h
tax man? >> don't put it all on steve. >> i don't mind lowering your taxes as long as you're willing to have me lower your benefits because the numbers -- ultimately the math has to add up. joe, you are the great deficit hawk of all time. >> i am. >> you believe we should not be incurring this debt, so we've got to do something. >> right. >> what is that something? we have an aging society with a large commitment to social welfare programs that the public...